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Massachusetts


						
						

Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA Employment Analysis

( Data Date : July 2019 )

Massachusetts Employment Data

Owning New England’s largest population and Boston, its largest city, Massachusetts is the most economically significant state in the region. The Bay State has a diverse set of industries fueling growth, including professional services; trade and transportation; education and health Services; and leisure and hospitality. However, the majority of unemployed individuals in the state have a high school degree or less, meaning there is a real education and skill gap between many who need jobs and the firms looking to employ them. Retooling these skills is a key to fostering future growth. (Source: Executive Office of Labor and Workforce Development)




The latest employment scorecard for the State of Massachusetts  is listed below, based on data from the U.S. Bureau of Labor Statistics. . You can view what jobs are available in Massachusetts, as well as which sectors of the economy are growing most quickly, on our Job Listings page.

 

Massachusetts Employment Data:

Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA Unemployment Rate Trends (% change)


  • The unemployment rate in the Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA, metro area was 2.9% in June 2019, 0.1% higher than last month, and lower by 0.5% from a year ago.

  • Compared to national and state unemployment rates, the Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA, metro area unemployment rate in June 2019 was lower by 0.8% than the U.S. rate of 3.7%, and lower by 0% than the Massachusetts state unemployment rate of 2.9%.

  • Total employment in the Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA, metro area declined by 2.8% (18905 more persons employed) over the past quarter, and increased by 3.4% ( 942532 less ) over the past year.

  • The Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA, metro area has an employable civilian labor force (employed + unemployed persons age 16 and older) of 2,863,156 persons.

  • The Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA, metro area labor force shrunk by 1.3% (32533 persons) over the past quarter, and shrunk by 2.7% (35477 persons) over the past year.

  • Current Rate
    Last Year
    Last QTR
    Last Month
    Difference Since Last Quarter
    2.9%
    + 3.4%
    - 2.8%
    - 2.8%
    + 18905


    %97.12 of the Total Labor Force is Employed.


    Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.